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Mangaluru: Applications invited for Educare student loan

  •   Tue, May 03 2016 10:25:41 AM

Media Release

Mangaluru, May 3: 'Educare Trust' is an initiative of a Mangalurean NRI to assist the poor and needy Catholic students of Mangaluru and Udupi dioceses. Educare loan by this Trust was started in the year 2013 and over the past three years, 2,416 students have been supported in two dioceses. This loan is to be repaid within a period of 18 months following the completion of studies.


File Photos of interview sessions, orientation and motivational programmes


Student’s eligibility

• Annual income of the family should be less than 2,00,000
• Families with two or more students studying
• Require at least 50% of marks in their last qualifying exam
• Only the students studying above PUC (graduation, oost graduation, diploma)
• Only for the catholic students of Mangaluru and Udupi dioceses
• Only for the students who have applied for Government minority scholarship during the previous year.
• Only for the students who get admission under CET/COMED-K (in case of BE, MBBS students)
• Only for regular and full time studies and not for correspondence courses, part time and private studies.

Eligible maximum payment

Engineering - Rs 60,000 each
Medical - Rs 1 lac each
Paramedical - Rs 60,000 each
Post-graduation - Rs 50,000 each
BEd, BSc Nursing - Rs 40,000 each
Graduation - Rs 30,000 each

Fresh and renewal students can submit their applications online www.codpindia.com/educare from May 2016 onwards but before the due dates, even if the admissions are late.

Students are advised to carefully read the instructions found in the website Menu. However, please ensure to keep the following documents & details ready at the time of completing the online application:

• Scanned passport size photograph
• Scanned copy of the last exam certificate (if not readily available, can be submitted later on)
• Details of the bank account (for renewals only)

The last dates to apply :

• For the renewal applications - May 31, 2016
• For fresh graduation application - June 30, 2016
• For fresh post-graduation and BE applications July 31, 2016
• For MTech and Medical (MBBS, Nursing) September 30, 2016
• For BEd November 30, 2016

For any clarification contact Educare Desk of CODP, Kadri hills, Nanthoor, Bejai Post, Mangaluru – 575 004.

 
  

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Comment on this article

  • SUSHMA MARITA DSOUZA, MARCEL DSOUZA,BORGALGUDDE HOUSE,MANIPURA POST,UDUPI TQ AND DIST. 576120

    Wed, May 11 2016

    I thank all the codp members for giving me opportunity to continue my studies.

    DisAgree Agree Reply Report Abuse

  • Desi Jawan, Mangaluru

    Tue, May 03 2016

    A wonderful job this Mangalurean NRI does. Great is that, he doesn't even come forward and announce who is he. People in the modern time do the charity but want their names to be published.

    Though I (we) know him, let it be according to wish not to publish.
    A GREAT MAN, GREAT PERSON and a GREAT HUMAN BEING.

    Let us all pray to bless him and his family abundantly for the good work he has done in the past doing now and also making lives for other.

    MAY GOD BLESS YOU

    A big salute from DESI JAWAN

    DisAgree Agree [11] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, May 03 2016

    Lydia Lobo,
    Mostly who take advantage of ‘Educare Trust' are within the bracket of low income or poor class family students and for them to repay the funds within 18 months would be a burden on the parents or head of the family. How to raise such a huge amount. In the meantime if they had such funds they would not have approached the Trust for educational help. These are only my view points.
    As to girl student who gets married would be double blessing. Got education and husband too. why worry?

    DisAgree [3] Agree [12] Reply Report Abuse

  • Lydia Lobo, Kadri

    Tue, May 03 2016

    I am sure there will be a leniency/understanding to pay it in installments once she/he will be employed and an arrangement of her/his salary going straight to the loan account.

    One thing I always warned girls is that please... please find a job before you get married. Because, the in-laws may certainly want an educated DIL but her going to work may not suit many households. This leaves one more liability with the parents besides arranging her bride-price, to repay her edu-loan.

    DisAgree [1] Agree [12] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, May 03 2016

    Great initiative and help from a NRI (un-known) to encourage brilliant students who cannot make it to college.
    Education is an asset and also guides us to lead a dignified decent life in the society.
    Only the repayment conditions look a bit obscured.
    "This loan is to be repaid within a period of 18 months following the completion of studies"
    Should have been changed as ‘After obtaining a job'

    DisAgree [2] Agree [13] Reply Report Abuse

  • Lydia Lobo, Kadri

    Tue, May 03 2016

    No Flavian, the terms sounds perfect. Because if a girl student gets married soon after her studies finished and did not work at all, how will the loan be repaid ?

    Therefore, the one who obtains an education loan must be obliged and responsible enough to repay it because the amount gets used to educate somebody else after her/him.

    I wish success to the organizers of this scheme and wish you guys health and a very long life.

    DisAgree [3] Agree [18] Reply Report Abuse


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